Nasdaq (NDAQ) EBT (2009 - 2026)

Nasdaq's (NDAQ) quarterly EBT came in at $677.0 million in Q1 2026, up 38.73% year-on-year from $488.0 million in Q1 2025, and up 16.72% quarter-over-quarter from $580.0 million in Q4 2025.

Nasdaq (NDAQ) EBT (2009 - 2026) Analysis & Trends

Nasdaq has disclosed EBT across 18 years of filings, most recently posting $677.0 million for Q1 2026.

  • EBT for Q1 2026 came in at $677.0 million, up 38.73% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.3 billion (up 43.72% YoY), and the FY2025 annual result was $2.1 billion, up 48.03% from the prior year.
  • EBT came in at $677.0 million for Q1 2026 at Nasdaq, up from $580.0 million in the prior quarter.
  • In the past five years, EBT ranged from a high of $677.0 million in Q1 2026 to a low of $278.0 million in Q4 2023.
  • The 5-year median for EBT is $391.0 million (2023), against an average of $420.4 million.
  • Across the five-year window, EBT dropped 21.21% in 2024 and jumped 60.7% in 2025, its largest moves.
  • Nasdaq's EBT stood at $322.0 million in 2022, then slipped by 13.66% to $278.0 million in 2023, then jumped by 57.91% to $439.0 million in 2024, then jumped by 32.12% to $580.0 million in 2025, then gained by 16.72% to $677.0 million in 2026.
  • The last three EBT figures came in at $677.0 million (Q1 2026), $580.0 million (Q4 2025), and $529.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 S&P Global 122.27 Bn 125.38 Bn 2.94 Bn 1.91 Bn
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn 1.51 Bn
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn 870.00 Mn
4 Intercontinental Exchange 76.18 Bn 74.71 Bn - 1.90 Bn
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn 677.00 Mn
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn -464.71 Mn
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn 389.20 Mn
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn 515.50 Mn
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn 428.10 Mn
10 Factset Research Systems 8.21 Bn 7.92 Bn 314.28 Mn 161.11 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 677.00 Mn
Dec 31, 2025 580.00 Mn
Sep 30, 2025 529.00 Mn
Jun 30, 2025 548.00 Mn
Mar 31, 2025 488.00 Mn
Dec 31, 2024 439.00 Mn
Sep 30, 2024 356.00 Mn
Jun 30, 2024 341.00 Mn
Mar 31, 2024 312.00 Mn
Dec 31, 2023 278.00 Mn
Sep 30, 2023 391.00 Mn
Jun 30, 2023 337.00 Mn
Mar 31, 2023 396.00 Mn
Dec 31, 2022 322.00 Mn
Sep 30, 2022 382.00 Mn
Jun 30, 2022 397.00 Mn
Mar 31, 2022 374.00 Mn
Dec 31, 2021 314.00 Mn
Sep 30, 2021 371.00 Mn
Jun 30, 2021 454.00 Mn